Pekin and Normal have joined the list of local governments passing ordinances to replace the 1% statewide grocery tax when it ...
If the projections hold true, Democratic Gov. JB Pritzker could face difficult financial decisions, from increasing taxes to ...
The ballot asked if voters would support a 3 percent surcharge on incomes over $1 million to support property-tax relief.
Illinois voters approved three nonbinding ballot questions, including one asking whether the highest earners should be taxed ...
The measure calls for the creation of a 3% tax on individual income over $1 million to use to reduce the property tax burden.
SPRINGFIELD — Illinois lawmakers returned to Springfield Tuesday for the first time since May following news earlier this ...
Illinois is seeing a surge of litigation challenging the constitutionality of its complex sales tax law for remote retailers, ...
In Illinois, a non-binding referendum laying out a plan “to create an additional 3% tax on income greater than $1,000,000” and put the money toward cutting property taxes statewide — has won approval.
The multiplier assigned to Madison County, which comes from the Illinois Department of Revenue ... Courtney estimated that 80 ...
Piatt County's property assessment equalization factor is steady at 1.0000 for the tax year, ensuring fair tax distribution.
The referendum is supported by former Illinois Governor Pat Quinn, who said the property tax relief could impact 3 million properties and generate $4.5 billion in revenue, according to an estimate ...
In 2020, voters rejected a similar plan to sock Illinois’ richest people with higher taxes. That’s when Pritzker’s plan to ...